Brick
New
For Sale
$189,900
2350-2352 Nicholas Avenue, Akron, OH 44305
ResidentialIncome, Akron, OH
Property Size1,456 SF
Lot Size0.16 Acres
Price / SF$130.43
Days on Market3
Property Features for 2350-2352 Nicholas Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Laundry Room
Parking features
Driveway
Interior features
CeilingFans, EatInKitchen
Appliances
Disposal, Range
Subdivision
Roosevelt Heights
Lot features
Front Yard, Wooded
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
From Darrow Road just past the intersection of Newton St. and Darrow Road, turn East onto Nicholas Avenue. Two-unit will be on the Right just past Teddy Avenue.
Standard status
Active
APN
6821230
Size
1,456 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROOSEVELT HTS LOT 62E 57.75FT OF N 1/2
Tax Annual Amount
2820
Legal Description
ROOSEVELT HTS LOT 62E 57.75FT OF N 1/2
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1967
Floors in Building
1
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency:
Mosholder Realty Inc.
(330) 633-5536
Listed By:
David Knutty · License #2016002918
(330) 607-2233
Added: Oct 9
Last Checked: Oct 11 at 3:06AM
MLS# 5251486
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1967, this 1,456-square-foot brick duplex contains two apartments, each with two bedrooms, one bathroom, an eat-in kitchen, and a living room. A full basement provides laundry space and storage. Entry arrangements provide access to the basement and kitchen through one entrance, with a separate entrance serving the living room. The property also has a front yard, a wooded side yard, and a paved driveway with additional parking.
Updates include the roof in 2023; the furnace and bathroom shower in unit 2350 in 2023 and 2024, respectively; and the oven in unit 2350 in 2024. The concrete front stoop and steps and electric service are listed as 2026 updates. Hot water tanks were replaced in 2021 or earlier, and windows date to 2012. The property was fully occupied for the preceding 10 years. It is near highways, shopping, and Summit Metro Parks.
Updates include the roof in 2023; the furnace and bathroom shower in unit 2350 in 2023 and 2024, respectively; and the oven in unit 2350 in 2024. The concrete front stoop and steps and electric service are listed as 2026 updates. Hot water tanks were replaced in 2021 or earlier, and windows date to 2012. The property was fully occupied for the preceding 10 years. It is near highways, shopping, and Summit Metro Parks.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom, in a 1,456‑square‑foot brick building
- Built in 1967 on a 0.1571‑acre lot
- Full basement with laundry area and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,334
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,680
$266.7K
Cap Rate 7%
$190,486
$190.5K
Cap Rate 9%
$148,156
$148.2K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$20.1K $13.80/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$19.0K $13.08/SF
− OpEx
−$5.7K −$3.92/SF
NOI
$13.3K $9.16/SF
Area
Akron, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,680
Cap Rate 7%
$190,486
Cap Rate 9%
$148,156
Alternative Uses
Best Use
Multifamily LT 5
$190.5K
$166.7K – $222.2K
NOI $13,334 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$166.8K
$145.9K – $194.6K
NOI $11,673 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$357.3K
$312.7K – $416.9K
NOI $25,012 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 44305, OH
21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom apartments share a full basement with laundry and a paved driveway with additional parking.
Where is this duplex located?
The property is located at 2350-2352 Nicholas Avenue Akron, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom, in a 1,456‑square‑foot brick building; Built in 1967 on a 0.1571‑acre lot; Full basement with laundry area and storage
